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1638 West 54th Street

1638 West 54th Street, Los Angeles, CA 90062
Multifamily in Chesterfield Square
Sold Oct 27, 2006
$640,000
$128,000 by Washington Mutual Bank
Mortgage Due Nov 01, 2036
Sold Jun 30, 2005
$200,400
Local assessors in Los Angeles, CA have categorized 1638 West 54th Street as a residential type of property. The home was built in 1948 and is 76 years old. It was most recently renovated and altered in 1983. The property's lot size has been calculated to be 5,248 square feet. The linear feet between the front and back of the lot was measured at 1,280 ft and the front of the lot was measured at 430 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1638 West 54th Street has a total of 2,262 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1638 West 54th Street was last sold in Jul 28, 2006 for $640,000. According to our calculations, that's $282.94 per sqft. Prior to that sales transaction, the property was sold for $200,400 in Jun 27, 2005. Current property owners are expected to pay $10,002 in taxes per year. The property on 1638 West 54th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $842,783. To break that down further, the land itself was valued at $656,753. While improvements to the property were assessed at a total of $186,030. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Carport
Attached Garage
Gated Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,248
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 430
  • Total Building Area: 2,262
  • Gross Building Area: 2,262
  • Building Area: 2,262
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,262
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTERN AVENUE PARK TRACT
  • Land Acres: 0.121
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: WESTERN AVE PARK LOT/SEC 9 BLK/DIV/TWN C

Ownership

  • Current Owner : LUNA ELIGIO
  • Previous Owner : EAST END PROPERTIES INC
  • Owner Before Previous Owner: POSEY KENNETH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 232500

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 51-E3
  • Parcel: 5003-019-009
  • Block: C
  • Lot: 9
  • Municipality: WEST /SO. WEST L.A.
  • Latitude: 33.993
  • Longitude: -118.306

    Address

  • Full Address: 1638 W 54th St
  • Address - House Number: 1638
  • Street Direction: W
  • Address - Street Name: 54th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C035
  • 4-Digit Zip Code: 2720
  • Zip Code: 90062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,002
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 887,949
  • High Value: 1,086,315
  • Low Value: 689,583

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $128,000
  • First Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK
  • First Open Lien Mortgage Recording Date: Oct 27, 2006
  • First Open Lien Mortgage Loan Amount: $128,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Second
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $842,783
  • Assessed Land Value: $656,753
  • Assessed Improvements Value: $186,030

    Sales

  • Current Sale Contract Date: Jul 28, 2006
  • Current Sale Recording Date: Oct 27, 2006
  • Current Sale Transaction ID: 1034455589
  • Current Sale Price: $640,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 06-2387840
  • Previous Sale Recording Date: Jun 30, 2005
  • Previous Sale Contract Date: Jun 27, 2005
  • Previous Sale Amount: $200,400
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK
  • First Mortgage Transaction Date: Oct 27, 2006
  • First Mortgage Loan Amount: $512,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Nov 01, 2036

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1638 West 54th Street located in?
The 1638 West 54th Street is a multifamily located in the neighborhood of Chesterfield Square in South LA, Los Angeles.
What is the average sales price for listings in 1638 West 54th Street?
The average sales price for units in 1638 West 54th Street is $0 currently.

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